| IR-93-125 |
Dec. 29, 1993 |
| Certain Commuting Benefits Provided by Employers are Tax Free |
| The amount of employer provided parking, van pool services or mass transit passes that is tax free to employees is changed starting with 1993 returns. |
| IR-93-124 |
Dec. 28, 1993 |
| Tax Filing Season Starts Monday |
| On Monday, Jan. 3, more than 86 million income tax packages will begin to show up in the mail. Twenty-two million Americans who use professional tax preparers received IRS postcards earlier this month. The postcards give these taxpayers the option of requesting a tax package from IRS or using tax forms supplied by their preparer. |
| IR-93-123 |
Dec. 22, 1993 |
| Employee Plan Software Now Available |
| Computer software to generate certain forms for employee plan applications has been revised and is now available from the Internal Revenue Service. |
| IR-93-121 |
Dec. 21, 1993 |
| New Tax Law Changes Affect Charities |
| Charities have a new substantiation requirement for certain contributions they receive on or after Jan. 1, 1994, due to the Omnibus Budget Reconciliation Act of 1993. |
| IR-93-119 |
Dec. 16, 1993 |
| Income & Tax Decline for Tax Year 1992 |
| United States taxpayers filed 106.3 million 1992 individual income tax returns by the end of April 1993, with another 8.5 million returns expected by year's end. |
| IR-93-118 |
Dec. 14, 1993 |
| Inflation Adjustments Generally Raise 1994 Tax Benefits |
| Taxpayers looking ahead and planning for their 1994 taxes will find larger personal exemptions and standard deductions, plus wider tax brackets that begin at higher income levels. |
| IR-93-117 |
Dec. 14, 1993 |
| IRS Announces Quarterly Interest Rates |
| The Internal Revenue Service today announced that interest rates for the calendar quarter beginning Jan. 1, 1994, will remain at six percent for overpayments, seven percent for underpayments, and nine percent for large corporate underpayments. |
| IR-93-116 |
Dec. 10, 1993 |
| IRS Substitutes Postcards for Tax Packages |
| The Internal Revenue Service today said that it is in the process of mailing a Tax Package Postcard--Form 8160--to almost 22 million taxpayers that used a professional return preparer last year. |
| IR-93-115 |
Dec. 8, 1993 |
| Changes to Diesel Tax Rules Impacts Farmers |
| Farmers need to be aware of recent tax law changes to take advantage of the exemption from excise tax on diesel fuel used for farming according to the Internal Revenue Service. |
| IR-93-114 |
Dec. 7, 1993 |
| Illegal Tax Protestors Subject to IRS Enforcement Action |
| The indictment of Phillip Marsh, founder of the tax protest group known as the Pilot Connection, should serve as a warning to taxpayes to stay away from illegal tax protest schemes. |
| IR-93-113 |
Dec. 7, 1993 |
| IRS Seeks Greater Compliance with Form 8300 Requirements |
| Concerned about the lack of compliance with Form 8300, Report of Cash Transactions Received in a Trade of Business, reporting requirements by attorneys, the Internal Revenue Service announced today that it will begin assessing the intentional disregard penalty against certain attorneys. |
| IR-93-112 |
Dec. 1, 1993 |
| Employers Receive Tax Information in New Format, the "Reporter" |
| Nearly 7 million employers will see simpler forms when they file their quarterly employment tax forms beginning in 1994. The 1993 winter edition of the "Reporter" has this story and more and will go out to nearly 7 million employers in early December. |
| IR-93-109 |
Nov. 17, 1993 |
| Organizations Win IRS Quality Awards |
| Fifteen organizations received the IRS Quality Supplier Award, for the year 1993, for supplying the Internal Revenue Service with large number of error-free information documents. |
| IR-93-108 |
Nov. 16, 1993 |
| New Law Puts Excise Tax on Fuel Floor Stocks |
| Recent legislation has imposed a floor stocks excise tax on certain transportation fuels, due to the Internal Revenue Service by Nov. 30. |
| IR-93-105 |
Nov. 15, 1993 |
| Taxpayers Overlook Key Details of Tax Law Changes |
| Calls to the Internal Revenue Service show that many taxpayers have questions about some key details of recent tax law changes. |
| IR-93-104 |
Nov. 9, 1993 |
| Thousands of Refunds Waiting to be Claimed |
| The Internal Revenue Service is looking for over 96,000 taxpayers who have not yet gotten their 1992 refund checks. These undelivered refunds total over $50 million dollars, an average of $518 per check. |
| IR-93-103 |
Nov. 5, 1993 |
| IRS Releases SOI Bulletin for Summer 1993 |
| The Summer 1993 issue of the quarterly Statistics of Income Bulletin, available now, reports that corporate pre-tax profits for tax year 1990 decreased for the second consecutive year. |
| IR-93-102 |
Nov. 1, 1993 |
| IRS Simplifies Payroll Reporting Rules |
| The Internal Revenue issued new proposed regulations today simplifying payroll reporting and deposit rules for six million employers. The regulations require employers to report and make deposits of payroll items separately from deposits of non-payroll items starting Jan. 1, 1994. |
| IR-93-100 |
Oct. 25, 1993 |
| IRS Issues Mark-To-Market Guidance |
| Responding to numerous requests from brokers, banks, insurance companies and others, the IRS today issued a revenue ruling that began the process of providing substantive guidance under the new mark-to-market rules of the Internal Revenue Code. |
| IR-93-98 |
Oct. 20, 1993 |
| New Tax Law Affects Lobbying Expenses |
| The IRS has issued guidance today concerning dues received by certain tax-exempt organizations that make lobbying and political expenditures. Generally, either a tax May be imposed on these organizations, or members May no longer deduct part of the dues paid. |
| IR-93-97 |
Oct. 18, 1993 |
| New Regulations Resolve Hedging Issues |
| The IRS today issued regulations on the character of gains and losses from hedging transactions and proposed regulations governing when those gains and losses are reported. |
| IR-93-96 |
Oct. 8, 1993 |
| 1993 Tax Payments Required for New Installment Option |
| The Internal Revenue Service explained today how much individuals must pay to qualify for interest-free installments of part of their 1993 taxes. |
| IR-93-90 |
Sept. 24, 1993 |
| IRS Releases 1990 Income Tax Data |
| United States taxpayers filed 1.6 million more federal tax returns for tax year 1990 than they did for 1989. |
| IR-93-85 |
Sept. 16, 1993 |
| New Tax Bill Gives Refunds to Employees/Employers |
| Recent tax law changes affect the tax treatment of educational assistance provided under employer-provided educational assistance plans. |
| IR-93-82 |
Sept. 8, 1993 |
| Telephone Filing in 7 States |
| Expanded TeleFile to Florida, Indiana, Kentucky, Michigan, South Carolina, and West Virginia. |
| IR-93-81 |
Sept. 8, 1993 |
| IRS Announces Sixth Annual International Tax Institute |
| Will be held December 16-17 at the J.W. Marriott Hotel in Washington D.C. For more information call (202) 994-7238. |
| IR-93-78 |
Sept. 2, 1993 |
| Mark-To-Market |
| Institutions have until October, 31, 1993, to identify certain investment assets under the mark-to-market provisions. |
| IR-93-70 |
Aug. 31, 1993 |
| New Tax Bill Gives Immediate Refunds to Some Taxpayers |
| A new law reinstates for all of last year some tax benefits which had expired on June 30, 1992. |
| IR-93-67 |
Aug. 25, 1993 |
| Luxury Tax Repealed for Auto Equipment for Disabled Persons |
| The new tax law has completely repealed the luxury tax on equipment installed to help disabled persons enter, exit or operate a vehicle. |
| IR-93-66 |
Aug. 24, 1993 |
| Retailers to Get Refunds from Luxury Tax Repeal |
| The tax law's retroactive repeal of luxury taxes on boats, planes, furs and jewelry has put retailers of these items in line for refunds of taxes on sales occurring in 1993. |
| IR-93-63 |
Aug. 5, 1993 |
| August 16 Federal Tax Deadline |
| August 16 is the due date for taxpayers who opted for automatic extensions of time to file. |
| IR-93-62 |
July 27, 1993 |
| IRS Helps Charities Aid Flood Victims |
| The IRS is assisting in Midwest flood relief efforts and is making it easier for charities to aid victims. |
| IR-93-59 |
July 12, 1993 |
| IRS Sponsors Nationwide Tax Forums |
| Business owners who attend the IRS 1993 Nationwide Tax Forum Conferences and Exhibitions will learn how to save time and money. |
| IR-93-53 |
June 16, 1993 |
| Electronic Tax Preparers to Get Federal Debt Info |
| Tax return preparers who offer electronic tax filing will continue to be notified by the IRS if a customer owes a federal debt. |
| IR-93-50 |
June 10, 1993 |
| IRS Commissioner's Advisory Group to Meet |
| The Group will hold a meeting at the National Office; 1111 Constitution Ave., N.W.; Washington D.C.; on Wednesday and Thursday, June 23 and 24, 1993. Meetings will begin at 8:00 a.m. in Room 3313. |
| IR-93-47 |
June 3, 1993 |
| IRS Publishes 1991 Tax Statistics |
| The Spring 1993 issue of the quarterly "Statistics of Income Bulletin" reports preliminary 1991 data showing that individual adjusted gross income, nearly $3.5 trillion, increased only 1.2 percent over 1990, as reported on the 114.9 million individual income tax returns filed. |
| IR-93-46 |
June 2, 1993 |
| IRS Announces Quarterly Interest Rates |
| The IRS announced that interest rates for the calendar quarter beginning July 1, 1993, will remain at six percent for overpayments, seven percent for underpayments, and nine percent for large corporate underpayments. |
| IR-93-45 |
May 17, 1993 |
| Collection Changes Keep Late Payers in Tax System |
| People having trouble paying taxes are working with the IRS because of its recent collection policy changes. Installment agreements and accepted offers-in-compromise has increased more than 30 percent since early last year, and the IRS has made it easier to do this since 1992. |
| IR-93-44 |
May 14, 1993 |
| IRS Advisory Group Meeting |
| The Internal Revenue Service Information Reporting Program Advisory Committee will meet at the IRS National Office, 1111 Constitution Avenue, N.W., Room 3313, Washington, D.C. on Wednesday and Thursday, May 19 & 20. The meetings will begin at 9:30 a.m. on both days, ending about mid-day on the 20th. |
| IR-93-42 |
April 28, 1993 |
| Last-Minute Returns Close the Filing Gap |
| A flood of last-minute filings has almost completely closed the gap in the tax returns between last year and this. |
| IR-93-41 |
April 21, 1993 |
| Employees Can Easily Change Tax Withholding |
| Last week, over 20 million Americans sent in their tax forms. Many had put off filing until the last minute because they owed money. If you were one of those taxpayers, the Internal Revenue Service suggests you act now to avoid repeating the problem next year. Use Form W-4 to ask your employer to withhold a little more from each paycheck. |
| IR-93-40 |
April 14, 1993 |
| Deadline at Hand, IRS Offers Last-Minute Advice |
| As the filling season winds down, the Internal Revenue Service has some advice for the 45 million taxpayers it's waiting to hear from -- don't panic, just send your tax return or extension request on time. |
| IR-93-39 |
April 13, 1993 |
| Some Nonfilers Paying Ultimate Price |
| Time has run out for dozens of individuals across the country who failed to file Federal income tax returns. Now they face criminal charges and possible jail time. |
| IR-93-37 |
April 19, 1993 |
| IRS Offers Filing Extensions to Those Who Can't Pay |
| April 15 is just around the corner and you realize that you'll never be ready to file by then. What's worse -- you know you owe money and don't have it. This year, the Internal Revenue Service has a new solution for you. |
| IR-93-36 |
April 4, 1993 |
| Donald K. Vogel is the New IRS Assistant Commissioner for Criminal Investigation |
| He is responsible for directing the enforcement of criminal provisions of the tax laws and related financial crimes to encourage voluntary compliance with the Internal Revenue laws. He directs nationwide programs for investigating suspected tax violations and recommending prosecution. |
| IR-93-35 |
March 31, 1993 |
| What Taxpayers Want to Know |
| Heading into home stretch for the 1993 tax filing season, the Internal Revenue Service expects to get about six million calls for help between now and the April 15 deadline. |
| IR-93-34 |
March 24, 1993 |
| IRS Forecasts April Blizzard of Tax Returns |
| Another blizzard of '93 May be in the making. A record low number of early returns combined with the quickly approaching April 15 deadline May produce a blizzard of last-minute filings -- perhaps as many as 40 million in a two-week period. The IRS has some simple advice for taxpayers who haven't filed -- don't wait. |
| IR-93-33 |
March 19, 1993 |
| IRS Announces the Quarterly Interest Rates |
| The Internal Revenue Service today announced that interest rates for the calendar quarter beginning April 1, 1993, will remain at six percent for overpayments, seven percent for underpayments, and nine percent for large corporate underpayments. |
| IR-93-31 |
March 17, 1993 |
| Four Weeks to Go & Tax Filings Remain Sluggish |
| The Internal Revenue Service reminds taxpayers who May owe taxes that they can file now and request an installment plan, or file now and send the payment by April 15. deadline. |
| IR-93-30 |
March 15, 1993 |
| IRS Gives Tax Relief to Blizzard Victims |
| Internal Revenue Service today granted relief to corporate taxpayers who are unable to meet their Mar. 15 filing deadline because of last weekend's snow storm. |
| IR-93-29 |
March 10, 1993 |
| More Taxpayers Get Help with A Single Call |
| More taxpayers are finding that one call does it all when phoning the Internal Revenue Service with questions about their tax accounts. From October throughout the end of Feb., over 3.3 million taxpayers resolved their account questions while on the line to the IRS. |
| IR-93-28 |
March 9, 1993 |
| IRS Announces R&D Center & New Architect Office for TSM |
| The Internal Revenue Service today announced that it is taking two steps to ensure that the best available technical expertise is applied to its tax systems modernization (TSM) program. |
| IR-93-26 |
March 4, 1993 |
| File Returns Now -- Beat the Late Season Rush |
| Mid-way through the 1993 tax season, the Internal Revenue Service reports slower than usual tempo of tax filings. At the end of Feb., IRS centers had received 37.4 million returns, over three million (eight percent) fewer than at this time last year. |
| IR-93-25 |
March 3, 1993 |
| IRS Announces Streamlined Monthly Payment Plans |
| You've finished your tax return and the bottom line is you owe money -- more than you can afford to pay right away. You should consider asking the Internal Revenue Service for an installment payment agreement. |
| IR-93-23 |
Feb. 24, 1993 |
| IRS Releases Data on Foreign-Controlled Corporations |
| In 1989, 44,840 United States corporations were "controlled" by foreign entities. The Winter 1992-93 issue of Statistics of Income Bulletin, available now, reports that these foreign-controlled domestic corporations (FCDCs) generated $1 trillion in receipts. Their net income (less deficit) was $8.3 billion, down from $11.2 billion in 1988. |
| IR-93-20 |
Feb. 18, 1993 |
| Grumman Wins IRS Tax Systems Modernization Contract |
| The IRS tax systems modernization took an important step forward today with the award of a contract for character recognition and imaging systems to Grumman Data Systems. The systems provided by Grumman will be used to electronically process tax information from single sided paper tax forms. |
| IR-93-19 |
Feb. 18, 1993 |
| IRS Debunks Tax Myths |
| There's just one problem with some of the "tax wisdom" you May hear each filing season -- it's dead wrong, according to the Internal Revenue Service. |
| IR-93-17 |
Feb. 10, 1993 |
| Tax Filing Alternatives Grow in Popularity |
| Alternatives to traditional paper returns -- electronic filing, the 1040PC format and TeleFile -- have been rather popular in early weeks of this tax filing season, totaling over one-third of the returns received at IRS centers. |
| IR-93-12 |
Feb. 8, 1993 |
| IRS Issues Guidance on Home Office Deduction |
| The Internal Revenue Service is updating its guidance for taxpayers considering home office deductions for 1992 in light of the Supreme Court's recent decision in Commissioner v. Soliman. The guidance, including examples, will accompany IRS' publication "Business Use of Your Home" (Publication 587). |
| IR-93-10 |
Feb. 4, 1993 |
| Good Start for Electronic Tax Filing Season |
| Taxpayers are setting a brisk pace for filing their tax forms electronically this year. Even before the deadline for employers to give out W-2 forms, almost 2.1 million electronic (ELF) tax returns were in -- six percent (113,000) ahead of the filing at the end of Jan. 1992. |
| IR-93-06 |
Feb. 1, 1993 |
| IRS Airs ''Taxbreak '93'' on PBS Television Stations |
| What to watch on Sunday afternoon television now that football season is over? The Internal Revenue Service hopes you'll watch "Taxbreak '93: Testing Your Tax I.Q." on most PBS stations Sunday, Feb. 7, from 3:00 to 4:00 p.m. ET. |
| FS-93-06 |
Dec. 1, 1993 |
| Alternative Ways of Doing Business |
| From high tech electronic tax filing to automated refund information--from multi-lingual telephone help to Walk-in assistance--the 1994 federal income tax filing season promises a variety of services to make the process easier. |
| FS-93-05 |
Dec. 1, 1993 |
| Tax Time 1994 |
| The Internal Revenue Service will send over 108 million income tax packages this year. Most taxpayers will get their forms in early Jan.. |
| FS-93-04 |
Dec. 1, 1993 |
| IRS Consolidates Customer Service & Tax Processing |
| The Internal Revenue Service will consolidate customer service and returns processing operations as part of its plan to reinvent the way it does business. The reinvention, scheduled to be completed by the year 2001, will enable the IRS to deliver better service to taxpayers and improve the voluntary compliance rate. |
| IR-93-03 |
Jan. 19, 1993 |
| IRS Proposes New Corporate Sponsorship Rules |
| The Internal Revenue Service said regulations it proposed today give clear guidance to tax exempt organizations such as college football bowls, museums and symphonies on the tax treatment of corporate sponsorship payments they receive. |
| FS-93-03 |
Sept. 1, 1993 |
| Many IRS Programs are in Line with National Performance Review Recommendations |
| The national Performance Review (NPR) task force report, issued September 7, 1993, offers a number of recommendations to make government work more effectively for American taxpayers. |
| IR-93-02 |
Jan. 15, 1993 |
| IRS Announces 1993 Pension Plan Limitations |
| The Internal Revenue Service today announced cost-of-living adjustments applicable to dollar limitations on benefits under qualified defined benefit pension plans and to other provisions affecting such plans. |
